Everyday Loans @ www.everyday-loans.co.uk

Everyday Loans (EverydayLoans) has become a popular unsecured personal loan provider to those with bad credit. Everyday Loans Ltd is part of Secure Trust Bank PLC with this company being accessible via www.everyday-loans.co.uk. They launched in 2006 with there being two main listed locations of Marlow and Solihull, although you will find a local branch in most cities and major towns across the UK. Whilst modern lenders such as Pounds to Pocket have devised entirely online operations, Everyday Loans is still more aligned with the high street. Applications are taken online, but the loan will have to be completed at a branch with required forms including bank statements and your driving licence, passport etc. These extra measures are in relation to the large available funds.

Everyday Loans offer between £500 and £10,000 (expect restrictions here). These are unsecured personal loans promoted at tenants and bad credit is welcomed that equates to high interest charges being in place. They do quote a representative figure of 74.8% APR, although from my studies this can be both higher and lower. If you are referred then there will be an arrangement fee of £150 although this is added to the amount due. With the funds being large here, there are larger terms that could sit between 13 months and 60 months. Their contact details include the email address of tellmemore@everyday-loans.co.uk and the listed contact number of 0800 288 9001. Although www.everyday-loans.co.uk is SSL secure there is no account management. Payment is made by cheque and so it can take time to receive the funds.